The Aadhaar-enabled payment system, or AEPS, allows consumers who don't have smartphones or debit cards to perform basic banking transactions like cash deposit, cash withdrawal, intrabank or interbank fund transfer, balance enquiry and obtaining a mini statement through biometric authentication at micro-ATMs.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
The footprints of Indian-origin corporate executives at multinationals is expanding, with Sandeep Kataria taking over the reins of footwear major Bata as its global chief executive officer. From FMCG majors to IT titans, Kataria joins the league of Indian-origin executives who have climbed the highest echelons of corporate across diverse sectors globally. From Nooyi to Pichai to Nadella, the list of such people at the helm of multi-billion dollar enterprises is long.
'The economy needs to deliver the expected 7.5% growth for the markets to deliver better than single digit returns.' 'Any disappointment in growth can see the markets correcting downwards.'
Ganguly, only the second Indian captain to take charge as the BCCI chief, sounded a pleased man on his first day at his new office at the BCCI head office
Indian firms selling SAAS products have got a bonanza as companies meet, manage and sell remotely. The top five firms - Zoho, Freshworks HighRadius, Druva, and Icertis - account for 33 per cent of the market share. Chennai, India's SAAS centre, alone generates $1 billion in annual revenue. Yuvraj Malik explains how these companies are planning their next phase of growth.
'Both India and Japan can find themselves in a win-win situation if they draw some lessons from each other's strengths,' says Dr Rajaram Panda.
What is required from government is intellectual framework.
Every psychiatrist and psychologist Rediff.com spoke to said one thing: Avoid news channels and social media.
Here's the full text of President's address with a word cloud.
Is it a good way to create wealth? Joseph Samson has the answers
With a sole mandate of inflation targeting, RBI wears many hats.
In the not too distant future, you could see 5G technology being used for functions such as remotely-performed robotic surgeries, mine equipment operated remotely or cars driven by someone sitting hundreds of miles away. While these ideas will certainly find application globally, the urgent need for them in India could spur swifter adoption here than elsewhere.
"Workers and businesses are facing catastrophe, in both developed and developing economies. We have to move fast, decisively, and together. The right, urgent, measures, could make the difference between survival and collapse," ILO Director-General Guy Ryder said on Tuesday. Worldwide, two billion people work in the informal sector (mostly in emerging and developing economies) and are particularly at risk, the report said, adding that the COVID-19 crisis is already affecting tens of millions of informal workers. "In India, Nigeria and Brazil, the number of workers in the informal economy affected by the lockdown and other containment measures is substantial," ILO said.
'The faster you accept it, the faster you start running and the sooner you will reach your destination -- your next role.'
If a name does not unify the three, there could be continued clash of identities, which could splinter the brand even before it takes shape, say Abhijit Lele and Nikhat Hetavkar.
'At Snapdeal, our aim is to become the best-in-class technology company.'
Lukewarm response from private investors and turf battles between government agencies have resulted in delaying Modi's ambitions. Sahil Makkar reports.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
'The government must provide more funds to enable the armed forces to fight and win tomorrow's wars,' states Brigadier Gurmeet Kanwal (retd).
News of all that's transpired on and off the football field.
Entrepreneurship is all about identifying a need or a gap and being able to visualise a solution to service the same in a sustainable and commercially viable manner, says Achin Bhattacharyya.
India and the United Kingdom are set to sign a "package of deliverables" during Prime Minister Narendra Modi's first visit here that will also see discussions over cooperation in sectors like nuclear energy and defence.
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.
He said countries should work for promoting open and inclusive cooperation for win-win outcomes.
Arunabha Ghosh on why India will increasingly become an energy great power, but not an energy hegemon.
He wants to transform his retail-led enterprise into a consumer goods giant, and reach Rs 1 lakh crore in turnover by 2021, but is that feasible?
'While fighter pilots must not be sent into combat in inferior aircraft, an obsessive quest for outright combat superiority will leave an air force short of numbers,' says Ajai Shukla.
SN Subrahmanyan is known to be a fitness enthusiast and loves taking long walks.
Finance Minister Arun Jaitley accused Congress of setting a wrong precedence for future opposition parties by continuously disrupting Parliament.
In 2015, India chemicals industry had a market size of $144 billion.
Starting as a maker of hydraulic pumps, the Bengaluru-based company graduated to components for automakers like BMW and Audi, and then Airbus and Boeing
'I have grown up in an environment where the dominant narrative of Indian sporting achievement was -- We can't.' 'These achievers have fought hard, built on each other's body of work and knowledge, and have today changed the script to -- We can,' notes Rahul Dravid,cricketing legend.
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The right sequence would be to gradually reduce SLR
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Amongst those who heard the message of the Bihar results would be Defence Minister Manohar Parrikar, whose realm is simultaneously the country's most complex and -- when something goes wrong -- the most emotive, says Ajai Shukla.
It may not be an exaggeration to say that in the next three years, in India itself a million jobs or more might be at risk due to automation. How we leverage its benefits will determine our fate in the digital era.
December 3, 2021 marks 50 years since the beginning of the 1971 War which ended in a decisive military victory for India and the liberation of Bangladesh. Most analysts of the 1971 War agree that the IV Corps dash across the mighty Meghna river led by the brilliant General Sagat Singh was the turning point in the war, recalls military historian Colonel Anil A Athale (retd).
Lack of basic sanitation affects people's dignity.
